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US Manufacturing Rises, Boosting PMI

Friday, 22 August 2025 03:49 WIB | Economy

US manufacturing activity in August surged to 53.3 (above 50 = expansion), the highest since May 2022. Surging demand boosted production and a buildup of backlogs, lifting the Composite PMI (a combination of manufacturing and services) to its highest level this year. However, despite the...

US Weekly Jobless Claims Rise 11,000 to 235,000; Estimated 225,000

Friday, 22 August 2025 02:26 WIB | Economy

Unemployment claims rose 11,000 to 235,000 in the week ending August 16, compared with the median estimate of 225,000, according to Labor Department data. Estimated range: 220,000-235,000 from 40 economists. The previous week's claims were unrevised from 224,000. The 4-week moving average was...

US Sentiment Drops, Inflation Concerns

Saturday, 16 August 2025 03:59 WIB | Economy

US consumer sentiment fell to 58.6 in August from 61.7—the first decline since April. The University of Michigan survey was conducted July 29–August 11, with tariff concerns again weighing on confidence. Full-year inflation expectations rose to 4.9%, while the 5–10-year forecast was 3.9%. Both...

US Retail Sales Rise as Expected

Saturday, 16 August 2025 02:23 WIB | Economy

Retail sales in the US increased 0.5% month-over-month in July 2025, in line with market expectations and following an upwardly revised 0.9% rise in June. The largest increases were seen in sales at motor vehicle & parts dealers (1.6%) and furniture & home furn. stores (1.4%). Other...

US Retail Sales Expected to Rise Further in July, Ahead of Tariff Hikes

Friday, 15 August 2025 19:51 WIB | Economy

The U.S. Census Bureau will release the country's Retail Sales report on Friday. Market analysts expect headline Retail Sales to grow 0.5% monthly in July, following a slightly higher increase in June, indicating that consumption remains strong. Consumers appear to have flocked to shopping malls,...

US Core PPI Rises More than Expected

Friday, 15 August 2025 02:24 WIB | Economy

Core producer prices in the United States, which exclude food and energy, rose by 0.9% over a month in July 2025, marking the strongest increase since March 2022, after being flat in June. Figures came above market estimates of a 0.2% increase. On a yearly basis, core producer prices surged by...

Trump Considers Lawsuit Against Powell Over Fed Building Renovation (1)

Wednesday, 13 August 2025 14:07 WIB | Economy

President Donald Trump said he is considering a lawsuit against Federal Reserve Chairman Jerome Powell over the renovation of the central bank's headquarters, a project whose cost overruns have been investigated. In a social media post on Tuesday, Trump again criticized the Fed Chairman for the...

US Core CPI Rises the Most in 6 Months

Wednesday, 13 August 2025 02:23 WIB | Economy

Core consumer prices in the US, which exclude food and energy, rose by 0.3% from the previous month in July of 2025, picking up from the 0.2% increase in the previous month for the sharpest increase since January. The result was in line with the median consensus from markets. Prices accelerated...

Trump Selects Heritage Economist Antoni To Lead US Bureau Of Labor Statistics

Tuesday, 12 August 2025 20:26 WIB | Economy

US President Donald Trump announced Monday that he is nominating economist E.J. Antoni as the new commissioner of the Bureau of Labor Statistics, 10 days after firing the previous head following weak labor market results, accusing Antoni of manipulating the figures without evidence. Antoni...

Breaking: RBA Cuts Interest Rate By 25 Bps To 3.6%, As Expected

Tuesday, 12 August 2025 18:26 WIB | Fiscal & monetary

The Reserve Bank of Australia (RBA) board members decided to lower the Official Cash Rate (OCR) by 25 basis points (bps) to 3.6% from 3.85%, following the conclusion of the August monetary policy meeting. The decision came in line with the market expectations.(alg) Sumber: FXstreet

Scott Bessent On Tariffs, The Deficit, And Trump's Economic Plan (2)

Tuesday, 12 August 2025 14:06 WIB | Economy

On April 6, the Sunday after Donald Trump announced the "Liberation Day" tariffs, Treasury Secretary Scott Bessent joined the president on his flight back to Washington from Mar-a-Lago. Bessent wanted to discuss damage control. At the time, photos of Trump in the Rose Garden waving a placard...

Bessent Sees US Trade Talks Largely Done by October, Nikkei Says

Monday, 11 August 2025 14:14 WIB | Economy

The US expects to largely complete negotiations with countries that have yet to secure a trade deal by the end of October, Nikkei Asia reported, citing an interview with Treasury Secretary Scott Bessent. The comments, made to Nikkei on Thursday, come after...

Trump Selects Stephen Miran to Fill Fed Board Vacancies

Friday, 8 August 2025 14:13 WIB | Economy

US President Donald Trump said Thursday he will nominate Council of Economic Advisers Chairman Stephen Miran to fill the final months of a vacant seat on the Federal Reserve, as the White House seeks a permanent member for the central bank's board of governors and continues its search for a new...

US Initial Claims Rise More than Expected

Friday, 8 August 2025 02:26 WIB | Economy

Initial jobless claims in the US rose by 7,000 from the previous week to 226,000 in the last week of July, firmly above market expectations of a softer increase to 221,000. In turn, outstanding jobless claims soared by 38,000 to 1,974,000 on the previous week, well above market expectations of...

Trump Aims for 100% Chip Tariff, But Zero for US Investors Like Apple

Thursday, 7 August 2025 14:11 WIB | Economy

Donald Trump said he would impose a 100% tariff on semiconductor imports, though it would exempt companies that move production back to the United States, as Apple Inc. CEO Tim Cook and the president announced a $100 billion new investment plan from the Oval Office. "We're going to have a very...

India Braces for Pain as Trump Issues 24-Hour Warning on Tariffs

Wednesday, 6 August 2025 14:25 WIB | Economy

India is struggling to cope with the economic fallout from President Donald Trump's tariff threats, which have left officials in New Delhi shocked, disappointed, and unsure how to respond. Trump's harsh language, calling India's economy "dead," its tariff barriers "obnoxious," and its people...

Trump Signals Trade Truce With China Ahead Of August Deadline

Wednesday, 6 August 2025 14:07 WIB | Economy

President Donald Trump said on Tuesday that the US and China are "very close" to extending their trade truce, which has curbed tariff escalation and eased restrictions on rare earth metals and technology exports. Trump added that he would meet with Chinese President Xi Jinping before the end of...

Trump Renews Threat to India with High Tariffs Over Russian Oil Purchases

Tuesday, 5 August 2025 14:02 WIB | Economy

US President Donald Trump renewed his threat on Monday to raise tariffs on Indian goods over its purchase of Russian oil. Meanwhile, New Delhi called Trump's attack "unprovoked" and vowed to protect its economic interests, deepening a trade rift between the two countries. In a social media post,...

White House Defends Firing Of Labor Official As Critics Warn Of Eroding Trust

Monday, 4 August 2025 18:41 WIB | Economy

White House economic advisers on Sunday defended President Donald Trump's firing of the head of the Bureau of Labor Statistics, dismissing criticism that Trump's actions could undermine confidence in official U.S. economic data. On Sunday, Trump again criticized BLS Commissioner Erika McEntarfer,...

US Non-Farm Payrolls Fall Short of Expectations

Saturday, 2 August 2025 02:21 WIB | Economy

US non-farm payrolls rose by 73,000 in July 2025, after being revised down by 14,000 in June and well below the 110,000 estimate. The upward trend in employment in the healthcare and social assistance sectors continued. The federal government continued to lose jobs. The June figure was also...

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